FG needs $100bn annually to address infrastructure deficit —Emefiele - Punch Newspapers

Governor of the Central Bank of Nigeria, Godwin Emefiele, on Saturday, said that the Federal Government needed about US$100 billion annually to address the nation’s infrastructure deficit.

The two-day conference has ‘Financing Infrastructure and SMEs for Inclusive Growth in Post-COVID-19 Economy’ as theme. “According to the World Development Indicators , 56.20 per cent of Nigerians have access to electricity, while electric power consumption stood at 144.52 kWh per capita as of 2018.

It’s is a massive opportunity if you make contracts work and guarantee returns reasonably. Corruption is the reason we are backward!!!!

Una wan chop more money

Can someone tell this idiot, that you don’t borrow money for infrastructures that can’t pay back the money you borrowed. You can’t have what you don’t have the money for. You borrow money for projects. You share half of the money among yourselves. And abandon the projects

If this man was a northern, he planned with bubu. But, been a southern he is an IDIOT

Yeah, the deficit in the infrastructure of Niger Republic. Isi ewu.

This man have forgotten that he is CBN governor, not a politician.when you mixed up the two the results is what we currently have in Nigeria. Instead of fixing the problem he is busy chasing shadow by calling out abokifx. Mr Emiefele wake up allow BDC to access forex.

How much is dollar now

These people don kolo las las

Realising that target will remain a pipe dream unless Nigeria takes a radical approach in public revenue generation. Infrastructures reduce the cost of living. Multiple taxations are a clog in internal generation revenue as more than half finds its way into individuals’ pockets.

This people go just wide mouth dey call figure... fear no dey catch una again, na una dey catch fear now.... yeye people

Then why is Nigeria spending money in Nigeria Republic?

so how much has been budgeted in all these years he has been CBN or has he just been loothari's yes boy? another free chicken?

So he's now the Finance Minister or Minister for Budget Planning, abi?

This is true as the western nation routinely print trillions of dollars multiple times a year for economic development while Africa without such privileges and whose economy is controlled by dollars have to borrow it as frequent as possible to survive

Thief

Story

So abokiFX wasn't actually the culprit here, cos I don't see how their post sent us backwards that we need this amount yearly for survival.

Then borrow from China as usual by bubu

Who wan give una? Ole

See his mouth like $100b. He thinks Naija is the only African country in that situation? Instead of them to manage what we've judiciously, na to dey borrow & embezzle dey sweet dem. So tey dem wan borrow future money join. It's unfortunate how smart ppl get into govt & misbehave.

Thunder fire you

Are u a politician or CBN governor

This man is a yahoo-yahoo cbn governor

Thief

How much have generated.

See him head. Na d€bt and lies full am.

Most useless CBN Governor ever

u.s. or naira?

Let them localize corporate affairs in each states to see rapid development. You will see money shuffling to states that are friendly to business, as a result speeding development.

Ole!!

Emefiele should stop using drugs, or better still change his dealer.

...Inside that amount this vulture head and his friends shall steal some of it...🙄🙄🙄

By the time APC is done with Nigeria there will be nothing left to fall back to

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